Latest news with #AlexanderThompson
Globe and Mail
16-07-2025
- Automotive
- Globe and Mail
Omdia Forecasts Cellular IoT Connections to Reach 5.1 Billion by 2030
The cellular IoT market is set for dramatic expansion over the next six years, with connections projected to reach 5.1 billion by 2030, according to new research from Omdia. This press release features multimedia. View the full release here: Cellular IoT connections by region 2021-30 This comprehensive study reveals how 5G technologies are fundamentally transforming the cellular IoT landscape, with three key technologies emerging as primary growth drivers: 5G RedCap, 5G Massive IoT, and 4G LTE Cat-1bis modules. 5G RedCap: The Mid-Tier Connectivity Solution The research identifies 5G RedCap as a particularly significant development, with adoption expected to accelerate from 2025 onward. RedCap is positioning itself as the ideal mid-tier connectivity solution for 5G devices that don't require the premium specifications of Ultra-Reliable Low Latency Communications (uRLLC) or Enhanced Mobile Broadband (eMBB). RedCap also delivers essential futureproofing benefits as the industry prepares for the gradual phase-out of 4G networks beyond 2030. Despite these advantages, the research notes that RedCap adoption has experienced slower initial deployment than originally anticipated. "We are beginning to see 5G SA rollouts accelerate again after a brief period of slowdowns, which has delayed 5G RedCap mass adoption by a couple of years," explains Alexander Thompson, Senior Analyst for IoT at Omdia. "We are also seeing the first devices emerge on the market in the US, starting the transition of mid-tier connectivity from 4G to 5G." Asia & Oceania Leading Global IoT Growth Omdia's latest research reveals that the Asia & Oceania region will contribute over 67% of worldwide IoT module shipments, representing approximately 80% of total IoT connections in 2024. The automotive industry has emerged as a significant catalyst in this growth trajectory, primarily driven by increasing consumer demand for intelligent vehicles with integrated 5G connectivity features. "The dominance of the Asia & Oceania region in the IoT market cannot be overstated," notes Andrew Brown, Practice Lead, IoT at Omdia. "With 80% of total IoT connections concentrated in this region, we're witnessing a significant shift in global technology leadership that will shape IoT innovation and deployment strategies for years to come.' This substantial regional concentration underscores Asia & Oceania's pivotal role in shaping global IoT deployment strategies and highlights the region's technological leadership in connected device ecosystems. Omdia's Cellular IoT Market Tracker 2021-2030 highlights the latest trends in the cellular IoT market, providing key analysis by region, air interface and application of module shipments, module revenues, connections (installed base) and connectivity revenues. ABOUT OMDIA Omdia, part of Informa TechTarget, Inc. (Nasdaq: TTGT), is a technology research and advisory group. Our deep knowledge of tech markets grounded in real conversations with industry leaders and hundreds of thousands of data points, make our market intelligence our clients' strategic advantage. From R&D to ROI, we identify the greatest opportunities and move the industry forward.
Yahoo
16-07-2025
- Automotive
- Yahoo
Omdia Forecasts Cellular IoT Connections to Reach 5.1 Billion by 2030
LONDON, July 16, 2025--(BUSINESS WIRE)--The cellular IoT market is set for dramatic expansion over the next six years, with connections projected to reach 5.1 billion by 2030, according to new research from Omdia. This comprehensive study reveals how 5G technologies are fundamentally transforming the cellular IoT landscape, with three key technologies emerging as primary growth drivers: 5G RedCap, 5G Massive IoT, and 4G LTE Cat-1bis modules. 5G RedCap: The Mid-Tier Connectivity Solution The research identifies 5G RedCap as a particularly significant development, with adoption expected to accelerate from 2025 onward. RedCap is positioning itself as the ideal mid-tier connectivity solution for 5G devices that don't require the premium specifications of Ultra-Reliable Low Latency Communications (uRLLC) or Enhanced Mobile Broadband (eMBB). RedCap also delivers essential futureproofing benefits as the industry prepares for the gradual phase-out of 4G networks beyond 2030. Despite these advantages, the research notes that RedCap adoption has experienced slower initial deployment than originally anticipated. "We are beginning to see 5G SA rollouts accelerate again after a brief period of slowdowns, which has delayed 5G RedCap mass adoption by a couple of years," explains Alexander Thompson, Senior Analyst for IoT at Omdia. "We are also seeing the first devices emerge on the market in the US, starting the transition of mid-tier connectivity from 4G to 5G." Asia & Oceania Leading Global IoT Growth Omdia's latest research reveals that the Asia & Oceania region will contribute over 67% of worldwide IoT module shipments, representing approximately 80% of total IoT connections in 2024. The automotive industry has emerged as a significant catalyst in this growth trajectory, primarily driven by increasing consumer demand for intelligent vehicles with integrated 5G connectivity features. "The dominance of the Asia & Oceania region in the IoT market cannot be overstated," notes Andrew Brown, Practice Lead, IoT at Omdia. "With 80% of total IoT connections concentrated in this region, we're witnessing a significant shift in global technology leadership that will shape IoT innovation and deployment strategies for years to come." This substantial regional concentration underscores Asia & Oceania's pivotal role in shaping global IoT deployment strategies and highlights the region's technological leadership in connected device ecosystems. Omdia's Cellular IoT Market Tracker 2021-2030 highlights the latest trends in the cellular IoT market, providing key analysis by region, air interface and application of module shipments, module revenues, connections (installed base) and connectivity revenues. ABOUT OMDIA Omdia, part of Informa TechTarget, Inc. (Nasdaq: TTGT), is a technology research and advisory group. Our deep knowledge of tech markets grounded in real conversations with industry leaders and hundreds of thousands of data points, make our market intelligence our clients' strategic advantage. From R&D to ROI, we identify the greatest opportunities and move the industry forward. View source version on Contacts Fasiha Khan –
Business Wire
16-07-2025
- Automotive
- Business Wire
Omdia Forecasts Cellular IoT Connections to Reach 5.1 Billion by 2030
LONDON--(BUSINESS WIRE)--The cellular IoT market is set for dramatic expansion over the next six years, with connections projected to reach 5.1 billion by 2030, according to new research from Omdia. "We are beginning to see 5G SA rollouts accelerate again after a brief period of slowdowns, which has delayed 5G RedCap mass adoption by a couple of years," explains Alexander Thompson, Senior Analyst for IoT at Omdia. Share This comprehensive study reveals how 5G technologies are fundamentally transforming the cellular IoT landscape, with three key technologies emerging as primary growth drivers: 5G RedCap, 5G Massive IoT, and 4G LTE Cat-1bis modules. 5G RedCap: The Mid-Tier Connectivity Solution The research identifies 5G RedCap as a particularly significant development, with adoption expected to accelerate from 2025 onward. RedCap is positioning itself as the ideal mid-tier connectivity solution for 5G devices that don't require the premium specifications of Ultra-Reliable Low Latency Communications (uRLLC) or Enhanced Mobile Broadband (eMBB). RedCap also delivers essential futureproofing benefits as the industry prepares for the gradual phase-out of 4G networks beyond 2030. Despite these advantages, the research notes that RedCap adoption has experienced slower initial deployment than originally anticipated. "We are beginning to see 5G SA rollouts accelerate again after a brief period of slowdowns, which has delayed 5G RedCap mass adoption by a couple of years," explains Alexander Thompson, Senior Analyst for IoT at Omdia. "We are also seeing the first devices emerge on the market in the US, starting the transition of mid-tier connectivity from 4G to 5G." Asia & Oceania Leading Global IoT Growth Omdia's latest research reveals that the Asia & Oceania region will contribute over 67% of worldwide IoT module shipments, representing approximately 80% of total IoT connections in 2024. The automotive industry has emerged as a significant catalyst in this growth trajectory, primarily driven by increasing consumer demand for intelligent vehicles with integrated 5G connectivity features. "The dominance of the Asia & Oceania region in the IoT market cannot be overstated," notes Andrew Brown, Practice Lead, IoT at Omdia. "With 80% of total IoT connections concentrated in this region, we're witnessing a significant shift in global technology leadership that will shape IoT innovation and deployment strategies for years to come.' This substantial regional concentration underscores Asia & Oceania's pivotal role in shaping global IoT deployment strategies and highlights the region's technological leadership in connected device ecosystems. Omdia's Cellular IoT Market Tracker 2021-2030 highlights the latest trends in the cellular IoT market, providing key analysis by region, air interface and application of module shipments, module revenues, connections (installed base) and connectivity revenues. ABOUT OMDIA Omdia, part of Informa TechTarget, Inc. (Nasdaq: TTGT), is a technology research and advisory group. Our deep knowledge of tech markets grounded in real conversations with industry leaders and hundreds of thousands of data points, make our market intelligence our clients' strategic advantage. From R&D to ROI, we identify the greatest opportunities and move the industry forward.
Business Wire
08-07-2025
- Business
- Business Wire
5G RedCap Technology Still Poised for Growth Despite Slow Enterprise Adoption, Omdia Reports
LONDON--(BUSINESS WIRE)--Despite slower-than-expected enterprise adoption, new research from Omdia finds that the market outlook for 5G RedCap (Reduced Capability) and eRedCap (enhanced RedCap) technology remains strong. These innovations are projected to significantly transform the Internet of Things (IoT) landscape, surpassing 700 million global connections by 2030, according to Omdia's latest report '5G RedCap and eRedCap: The Current and Future State of the Market'. Bridging the IoT Connectivity Gap 5G RedCap and eRedCap technologies deliver innovative solutions that effectively bridge the crucial gap between high-performance 5G and low-power IoT applications. Key advantages include: Optimized performance for mid-tier IoT applications providing a cost-effective migration path from LTE Reduced device complexity through simplified architecture, resulting in lower hardware costs Seamless integration with existing network infrastructure Improved power consumption for extended device longevity Market Momentum Continues to Build The RedCap ecosystem is rapidly evolving, driven by significant advancements from leading industry players: Global carriers including AT&T, T-Mobile, and BT Group have successfully completed RedCap trials Major chipset and module manufacturers such as Qualcomm, MediaTek, and Quectel have launched commercial RedCap modules Innovative use cases are emerging across healthcare, industrial IoT, and smart city applications Future Growth Dependent on Network Evolution While the foundation for growth is strengthening, several factors will influence the pace of 5G RedCap adoption: Expansion of 5G SA network deployments, which have experienced slowdowns due to economic conditions Anticipated reductions in hardware costs, which have yet to materialize Continued maturation of the broader RedCap and IoT ecosystem Development and clear identification of enterprise use cases designed for mass-scale deployments rather than limited device implementations "RedCap and eRedCap technologies represent a strategic evolution in IoT connectivity," noted Alexander Thompson, Senior IoT analyst at Omdia and lead author of the report. "While adoption timelines may extend beyond initial projections, these technologies will play a pivotal role in future IoT deployments, particularly as the ecosystem matures and 5G SA networks expand globally." ABOUT OMDIA Omdia, part of Informa TechTarget, Inc. (Nasdaq: TTGT), s a technology research and advisory group. Our deep knowledge of tech markets grounded in real conversations with industry leaders and hundreds of thousands of data points, make our market intelligence our clients' strategic advantage. From R&D to ROI, we identify the greatest opportunities and move the industry forward.
Yahoo
01-07-2025
- Yahoo
Grand Forks man to serve eight years for attempted murder
Jun. 30—GRAND FORKS — A Grand Forks man was ordered to serve eight years in prison after changing his plea in an attempted murder case Monday, June 30. Alexander Antonio Thompson, 28, pleaded guilty to Class A felony attempted murder and Class C felony aggravated assault. An additional count of aggravated assault was dismissed under Thompson's plea agreement. Thompson got into a physical altercation with his coworker on April 22, 2024, according to an affidavit filed in the case. While on top of his coworker, Thompson put his hands around the man's throat, squeezed and restricted airflow. After they were separated, Thompson grabbed an electrical extension cord, which he wrapped around his coworker's neck while the man was walking away, the affidavit said. Witnesses said the coworker's eyes rolled backward into his head, and he lost consciousness. While strangling the man, Thompson said, "I'm going to kill you," according to the affidavit. Several people had to intervene before Thompson released his coworker. Thompson was sentenced Monday to 20 years at the North Dakota Department of Corrections and Rehabilitation with 12 years suspended, leaving eight to serve. He has credit for 435 days spent in custody. While in prison, Thompson must complete an anger management evaluation and follow through with any recommendations. Upon release, he will be on supervised probation for two years.
